32 St Francis Street, West Centre Town, ON K1Y 1W5

$1,695,000
6
BD
3
BA
1,100
SqFt

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List Price
$1,695,000
MLS#
X13481410
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
Other
Bedrooms
6
Bathrooms
3
Living Area
1100-1500
Province
ON
Municipality
West Centre Town
Area
Ottawa
Neighborhood
4203 - Hintonburg
Subdivision
Gladstone Ave

Property Description

Huge lot! This perfect Hintonburg location tri-plex investment and development property. $107,000 gross income, ~$87000 net. Strong ~5.2% cap rate. Unlike other buildings all the major interior/exterior updates and utility replacement expenses ($350k) have been completed in last few years ! Rear build zone is ~75x50ft. Enjoy an updated, excellent cash flow property to keep it while you plan the expansion. Currently the building has 6 parking spots. All 3 units have their own private outdoor patios! Garage has 3 units - 1 double - 1single and man door storage.

Additional Information

Taxes
$8,627
Heat Type
Other
Heat Source
Gas
Air Conditioning
Other
Family Room
Yes
Kitchens
3
Exterior
Brick, Stucco (Plaster)
Garage Spaces
3
Garage Type
Detached
Pool
None
Parking Spaces
9
Parking Type
Covered

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of COMFREE.